Rakesh Jhunjhunwala    
12 Oct 2017
Rakesh Jhunjhunwala expands holdings in Fortis Healthcare, Prakash Industries and Lupin Limited

Rakesh Jhunjhunwala, as per the latest September 2017 filings, has put more money in Fortis Healthcare, Prakash Industries and Lupin Limited. Fortis Healthcare received investments from Rekha Jhunjhunwala, when she had first picked up a 0.9% stake in the company for an estimated Rs 60 crores, through an open market transaction in August - a holding which has now jumped to 1.54%.

Iron and steel company Prakash Industries had been in the news early August after SEBI added it to a list of shell companies, restricting its trading. But the restriction was later stayed and trading in the company resumed. Since then, Prakash Industries' share price has been trending up and got a boost today with news of Jhunjhunwala's increased investment in the stock. Pharma company  Lupin Limited is another stock in which Jhunjhunwala's stake has increased, from 1.76% in June to 1.89% in September. 

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